IRS |Institute of Regional Studies

Islamabad

News Updates

10th July - 13th July
  • Velayati says his strategic mission to Moscow not affected by ‘itinerant’ Netanyahu: Ali Akbar Velayati, an international adviser to the Leader of the Islamic Revolution who is in Russia for an official visit, has shrugged off the concurrent trip to Russia by Israeli Prime Minister Benjamin Netanyahu, saying “nobody cares” about the Netanyahu’s “baseless and illogical remarks”.(Tehran Times: 12 .7.2018)
  • JCPOA meeting shows U.S. is isolated: Iran
    The Joint Commission of the JCPOA held first meeting at the foreign ministerial level in Vienna on Friday since the U.S. walked out of the agreement. European Union foreign policy chief Federica Mogherini, who chaired the meeting, announced that Iran and the remaining parties to the 2015 nuclear agreement had agreed to continue negotiations, including on economic measures, over how to save the deal. “Final statement of the meeting was strong in expressing the member states’ determination in preserving the JCPOA which is clearly in contrast with the U.S. determination in dismantling the agreement and includes remarkable points which show Iran’s success in expressing its will,” Araqchi told IRNA in an interview.(Tehran Times: 12.7.2018)
  • India's Iranian oil imports in June hit 592,800 bpd: India's monthly oil imports from Iran amounted to 592,800 barrels per day (bpd) in June, according to data from industry and shipping sources. India's oil imports in June rose 10.1 percent from a year ago to 4.82 million barrels per day (mbd), the data showed, reported Reuters. Overall purchases climbed on a higher intake of crude from Mexico, the United States and Azerbaijan. Imports from other Middle East suppliers also increased. State refiners, accounting for about 60 percent of India's refining capacity, lifted 10 percent more Iranian volumes in June compared to May, at about 454,000 bpd, the data from the sources showed.
    On a yearly basis, India's imports from Iran were 19.5 percent higher, the data showed.Indian state refiners had cut Iranian oil imports in the 2017-18 financial year because of a dispute over the development rights for an Iranian natural gas field.
    However, the state refiners raised their imports in the current fiscal year starting in April after Iran offered free shipping and an extended credit period of 60 days. For the first six months of 2018, India's Iranian oil imports increased by 8.4 percent to 585,000 bpd.In April to June 2018, the first quarter of this fiscal year, India's oil imports from Iran rose by about 24 percent from the previous quarter to about 647,000 bpd, the data showed. (Iran Daily: 12.7.2018)
  • Iran and Pakistan could achieve a lot through enhanced interactions and bilateral cooperation: Iranian envoy. Pakistan is keen to see rapid progress on the Iran-Pakistan gas pipeline project and the government would pursue the project as it was in the interest of the country, said the acting chairman of Pakistan' Senate.
    Saleem Mandviwalla hoped that the project would soon see the light of day, dawn.com reported.
    Mandviwalla, who was speaking to Iran's Ambassador to Pakistan Mehdi Honardoost at the Parliament House, underscored the need for increasing trade and investment between the two countries.
    He also underlined the need for reactivating Pakistan-Iran Investment Company as it was in the interest of the twocountries to have a proper channel for trade and investment. Mandviwalla said that Pakistan and Iran shared identical views on regional and international issues and there was a huge scope of expanding ties. He also pointed to the need for activating Pakistan-Iran parliamentary friendship group to enhance cooperation at parliamentary level through frequent exchanges. He said that both countries were intertwined in cultural, religious and regional commonalities besides sharing a vision for regional growth and prosperity. The two sides, he said, could achieve a lot through frequent interactions at different levels for mutual benefit. The Iranian envoy agreed with Mandviwalla, saying that Iran and Pakistan could achieve a lot through enhanced interactions and bilateral cooperation. He noted that trade and investment was in the interest of both countries and would open up new avenues of bilateral cooperation. (Iran Daily: 11.7.2018)
1st July - 08th July
  • Iran guards threatened to block Strait of Hormuz after Rouhani warning against US sanctions. Iran's Islamic Revolutionary Guards commander Qassem Soleimani has promised retaliation to any US sanctions. Iran's Islamic Revolutionary Guards vowed to attack oil exports from the region with Qassem Soleimani, the force commander, issuing a letter backing President Hassan Rouhani's threat of retaliation against US sanctions. (The National, July 5, 2018)
  • One million refugees would pour into Europe if Iran hangs back: minister
    Interior Minister Abdolreza Rahmani Fazli said on Tuesday “if we close our eyes for 24 hours, one million refugees who are inside Iran will leave for Europe via our western borders. You don’t believe this?” he asked Europeans. “We would if you wished. We won’t let that happen for humanitarian sakes. We respect all human beings... We respect rules. But why aren’t the others?”. (Tehran Times, July 3, 2018)
  • Austria says U.S. sanctions violate human rights. Austria and the European Union Commission believe that the United States’ sanctions go against human rights, Austrian President Alexander Van der Bellen told a joint press conference with his Iranian counterpart Hassan Rouhani in Vienna on Wednesday.
  • The Trump administration which has walked out of the 2015 nuclear agreement (officially called the JCPOA) has threatened to slap sanctions against European and other countries that do business with Iran. (Tehran Times, July 4, 2018)
  • Rouhani says U.S. will pay heavy cost for trying to isolate Iran. President Hassan Rouhani of Iran warned on Tuesday that Washington will pay a heavy cost for trying to isolate Iran.
  • “The U.S. government’s objective is the isolation of the Iranian nation which will prove too costly” or the White House, Rouhani said in a meeting with Iranians living in Austria. (Tehran Times, July 4, 2018)
  • Iran will stick to nuclear deal if it’s profitable Iranian President Hassan Rouhani told a news conference that Tehran will remain in the 2015 nuclear deal only if its benefits are guaranteed by other signatories after the United States withdrew from the accord. (Iran Daily, July 04, 2018)
  • Realization of Iran-Europe economic cooperation needs practical steps. President Hassan Rouhani said that European countries have the political will to continue economic cooperation with Iran based on the nuclear agreement. However, he said, the realization of this cooperation requires them to take practical steps and make clear executive decisions, which should yield result in a specified time. (Iran Daily, July 07, 2018)
Credit:Maryam Mastoor

Archives

  • July 2018